M J Robinson Structures Limited Company accounts

COMPANY REGISTRATION NUMBER: 07840276

M J Robinson Structures Limited

Financial Statements

31 March 2025

M J Robinson Structures Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Officers and professional advisers	1

Strategic report	2

Directors' report	4

Independent auditor's report to the members	6

Statement of comprehensive income	9

Statement of financial position	10

Statement of changes in equity	11

Statement of cash flows	12

Notes to the financial statements	13

M J Robinson Structures Limited

Officers and Professional Advisers

The board of directors	Mr M. J. Robinson
	Mrs A. L Robinson

Company secretary	Simon Kent

Registered office	Jessop House Outrams Wharf
	Little Eaton
	Derby
	United Kingdom
	DE21 5EL

Auditor	Hebblethwaites
	Chartered accountants & statutory auditors
	2 Westbrook Court
	Sharrow Vale Road
	Sheffield
	S11 8YZ

Bankers	The Royal Bank of Scotland plc

M J Robinson Structures Limited

Strategic Report

Year ended 31 March 2025

Development and performance of the business The principal activity of the company is to carry out the design, detailing, fabrication & erection of high quality structural steelwork . Key performance highlights: The directors are pleased to report an increase in turnover during the year ended 31 March 2025. Turnover for the year was £15.650m compared to £14.219m in the previous year, which is an increase of 10% whilst it is also higher than turnover in earlier years. Gross profit for the year amounted to £4.106m, a decrease of £1.289m from the previous year of £5.395m. Overall profit before tax this year is £0.137m compared to £1.880m last year. Turnover £15,650,829 (2024: £14,219,747) Gross profit £4,106,342 (2024: £5,395,584) Profit before tax £137,253 (2024: £1,879,889) Year end position The year end position of the company, as portrayed by the Statement of Financial Position, remains strong, leaving the company on a sound financial footing.

Principle risks and uncertainties

Market risk factors The market remains very competitive and the main challenges facing the company relate to the fluctuations of raw material prices, (mainly steel) rising labour costs and an increased uncertainty within the global markets. Like other businesses, we have adapted to the economic challenges, yet there is always a risk that the supply chain could be disrupted, which in turn would have a negative impact on the business. Prospects for 2025/2026 are similar to the year under review and it is anticipated that the pressure on margins will remain. The high interest rates, slowing economy and potential impact of government policy changes may affect the labour market and lead to a further slow down in construction projects.

Post balance sheet events

There are no post balance sheet events to report.

Future developments

The directors continue to explore opportunities to further increase the services available to our valued customers.

Financial risk management The Directors and senior management monitor the financial requirements of the company and associated risks. The company finances its operations and developments via a mixture of retained earnings and borrowings as required. Borrowings are in the form of overdraft facilities and asset finance. Interest rate risk Principal sources of borrowings are subject to variable rates of interest. Liquidity risk The company maintains sufficient levels of cash and liquidity to meet its medium-term working capital and funding obligations. Credit risk Credit risk from revenue streams is monitored closely by the management, to ensure problems are identified at an early stage. Financial reporting risks The company's financial systems are required to process a large number of transactions, weaknesses could result in the incorrect reporting of financial results. This risk is mitigated by the production of detailed management accounts on a quarterly basis.

This report was approved by the board of directors on 18 December 2025 and signed on behalf of the board by:

Mr M. J. Robinson

Director

Registered office:

Jessop House Outrams Wharf

Little Eaton

Derby

United Kingdom

DE21 5EL

M J Robinson Structures Limited

Directors' Report

Year ended 31 March 2025

The directors present their report and the financial statements of the company for the year ended 31 March 2025 .

Directors

The directors who served the company during the year were as follows:

Mr M. J. Robinson
Mrs A. L Robinson

Dividends

Particulars of recommended dividends are detailed in note 12 to the financial statements.

Disclosure of information in the strategic report

See page 2 for the Strategic Report.

Directors' responsibilities statement

The directors are responsible for preparing the strategic report, directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

This report was approved by the board of directors on 18 December 2025 and signed on behalf of the board by:

Mr M. J. Robinson

Director

Registered office:

Jessop House Outrams Wharf

Little Eaton

Derby

United Kingdom

DE21 5EL

M J Robinson Structures Limited

Independent Auditor's Report to the Members of M J Robinson Structures Limited

Year ended 31 March 2025

Opinion

We have audited the financial statements of M J Robinson Structures Limited (the 'company') for the year ended 31 March 2025 which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- the information given in the strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of directors' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: We obtained an understanding of the legal and regulatory frameworks that the company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Act, UK Corporate Governance Code and local tax legislation. In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the company's ability to operate or to avoid a material penalty. We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members, and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Use of our report

This report is made solely to the company's members, as a body, in accordance with chapter 3 of part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Richard William Murdoch BA(Hons) FCA

(Senior Statutory Auditor)

For and on behalf of

Hebblethwaites

Chartered accountants & statutory auditors

2 Westbrook Court

Sharrow Vale Road

Sheffield

S11 8YZ

18 December 2025

M J Robinson Structures Limited

Statement of Comprehensive Income

Year ended 31 March 2025

		2025	2024
Note		£	£
Turnover	4	15,650,829	14,219,747

Cost of sales	11,544,487	8,824,163
	------------	------------
Gross profit	4,106,342	5,395,584

Distribution costs		150,775	86,497
Administrative expenses		3,746,876	3,394,595
		-----------	-----------
Operating profit	5	208,691	1,914,492

Other interest receivable and similar income	9	8,731	5,456
Interest payable and similar expenses	10	80,169	40,049
		-----------	-----------
Profit before taxation		137,253	1,879,899

Tax on profit	11	100,296	527,311
		---------	-----------
Profit for the financial year and total comprehensive income		36,957	1,352,588
		---------	-----------

All the activities of the company are from continuing operations.

M J Robinson Structures Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	13	9,069	10,681
Tangible assets	14	2,000,042	1,605,671
		-----------	-----------
		2,009,111	1,616,352

Current assets

Stocks	15	259,085	863,483
Debtors	16	4,569,427	2,509,865
Cash at bank and in hand		1,062,501	1,672,125
		-----------	-----------
		5,891,013	5,045,473

Creditors: amounts falling due within one year	17	3,689,748	2,627,096
		-----------	-----------
Net current assets		2,201,265	2,418,377
		-----------	-----------
Total assets less current liabilities		4,210,376	4,034,729

Creditors: amounts falling due after more than one year	18	521,529	378,648

Provisions	20	345,482	279,673
		-----------	-----------
Net assets		3,343,365	3,376,408
		-----------	-----------

Capital and reserves

Called up share capital	23	1,001	1,001
Profit and loss account	24	3,342,364	3,375,407
		-----------	-----------
Shareholders funds		3,343,365	3,376,408
		-----------	-----------

These financial statements were approved by the board of directors and authorised for issue on 18 December 2025 , and are signed on behalf of the board by:

Mr M. J. Robinson

Director

Company registration number: 07840276

M J Robinson Structures Limited

Statement of Changes in Equity

Year ended 31 March 2025

		Called up share capital	Profit and loss account	Total
		£	£	£
At 1 April 2023		1,001	2,332,819	2,333,820

Profit for the year			1,352,588	1,352,588
		------	-----------	-----------
Total comprehensive income for the year		–	1,352,588	1,352,588

Dividends paid and payable	12	–	( 310,000)	( 310,000)
		------	-----------	-----------
Total investments by and distributions to owners		–	( 310,000)	( 310,000)

At 31 March 2024		1,001	3,375,407	3,376,408

Profit for the year			36,957	36,957
		------	-----------	-----------
Total comprehensive income for the year		–	36,957	36,957

Dividends paid and payable	12	–	( 70,000)	( 70,000)
		----	-------	-------
Total investments by and distributions to owners		–	( 70,000)	( 70,000)

		------	-----------	-----------
At 31 March 2025		1,001	3,342,364	3,343,365
		------	-----------	-----------

M J Robinson Structures Limited

Statement of Cash Flows

Year ended 31 March 2025

	2025	2024
	£	£

Cash flows from operating activities

Profit for the financial year	36,957	1,352,588

Adjustments for:
Depreciation of tangible assets	324,086	240,125
Amortisation of intangible assets	1,612	1,612
Other interest receivable and similar income	( 8,731)	( 5,456)
Interest payable and similar expenses	80,169	40,049
Loss/(gains) on disposal of tangible assets	20,840	( 15,261)
Tax on profit	100,296	527,311
Accrued expenses	37,912	21,464

Changes in:
Stocks	604,398	( 551,640)
Trade and other debtors	( 1,951,152)	( 43,995)
Trade and other creditors	1,311,518	197,069
	-----------	-----------
Cash generated from operations	557,905	1,763,866

Interest paid	( 80,169)	( 40,049)
Interest received	8,731	5,456
Tax paid	( 440,308)	( 305,499)
	---------	-----------
Net cash from operating activities	46,159	1,423,774
	---------	-----------

Cash flows from investing activities

Purchase of tangible assets	( 234,366)	( 417,778)
Proceeds from sale of tangible assets	113,886	50,896
	---------	-----------
Net cash used in investing activities	( 120,480)	( 366,882)
	---------	-----------

Cash flows from financing activities

Repayment of bank borrowings	( 64,535)	( 59,807)
Proceeds from loans from participating interests	565	1,605
Repayments of loans from participating interests	( 108,975)	( 144,977)
Repayment of hire purchase liabilities	( 292,358)	( 237,711)
Dividends paid	( 70,000)	( 310,000)
	---------	-----------
Net cash used in financing activities	( 535,303)	( 750,890)
	---------	-----------

Net (decrease)/increase in cash and cash equivalents	( 609,624)	306,002
Cash and cash equivalents at beginning of year	1,672,125	1,366,123
	-----------	-----------
Cash and cash equivalents at end of year	1,062,501	1,672,125
	-----------	-----------

M J Robinson Structures Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Jessop House Outrams Wharf, Little Eaton, Derby, DE21 5EL, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis .

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of ENSCO 1357 Limited which can be obtained from Companies House. We have not taken advantage of the disclosure exemptions available under paragraph 1.12 of FRS 102.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of management, other than judgements in relation to revenue recognition (detailed below) there are no areas of judgement or key sources of estimation uncertainty that have a significant effect on the financial statements.

Revenue recognition

Revenue recognised represents the value of work completed, net of discounts and excluding VAT, for which the company has earned the right to consideration in exchange for performance. Turnover and costs are recognised by reference to the stage of completion of contracts at the balance sheet date once the outcome of the contract can be reliably measured. When the outcome of a contract cannot be estimated reliably, revenue is recognised to the extent that it is probable that the costs are recoverable. The stage of completion of any contract is assessed by management by taking into consideration all information available at the reporting date. In this process management makes significant judgements about milestones, actual work performed, costs to complete and the overall contract value. Revenue recognised from contracts reflects management's best estimates about each contract's outcome and stage of completion. Provision is made for probable losses on all contracts based on the loss which is currently estimated to arise over the duration of any contract, irrespective of the amount of work carried out at the balance sheet date.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Other Intangibles	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold Improvements	-	2% straight line
Plant and machinery	-	15% reducing balance
Office quipment	-	33% straight line
Motor vehicles	-	25% reducing balance
Fixtures and fittings	-	15 % reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets .

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Turnover

Turnover arises from:

	2025	2024
	£	£
Sale of goods	243,022	227,394
Construction contracts	15,407,807	13,992,353
	------------	------------
	15,650,829	14,219,747
	------------	------------

The whole of the turnover is attributable to the principle activity of the company. The split by geographical markets is shown below.

	2025	2024
	£	£
UK	11,631,299	13,056,296
Europe	4,019,530	1,163,451
	------------	------------
	15,650,829	14,219,747
	------------	------------

5. Operating profit

Operating profit or loss is stated after charging/crediting:

	2025	2024
	£	£
Amortisation of intangible assets	1,612	1,612
Depreciation of tangible assets	324,086	240,125
Loss/(gains) on disposal of tangible assets	20,840	( 15,261)
Impairment of trade debtors	6,289	32,133
Rental lease costs	109,996	109,251
	---------	---------

6. Auditor's remuneration

	2025	2024
	£	£
Fees payable for the audit of the financial statements	9,500	9,250
	------	------

7. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to:

	2025	2024
	No.	No.
Production staff	35	45
Administrative staff	23	23
	----	----
	58	68
	----	----

The aggregate payroll costs incurred during the year, relating to the above, were:

	2025	2024
	£	£
Wages and salaries	2,870,819	2,574,371
Social security costs	308,673	274,643
Other pension costs	141,662	155,779
	-----------	-----------
	3,321,154	3,004,793
	-----------	-----------

8. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	543,710	428,310
	---------	---------

Remuneration of the highest paid director in respect of qualifying services:

	2025	2024
	£	£
Aggregate remuneration	471,757	305,732
	---------	---------

9. Other interest receivable and similar income

	2025	2024
	£	£
Interest on bank deposits	8,731	5,456
	------	------

10. Interest payable and similar expenses

	2025	2024
	£	£
Interest on obligations under finance leases and hire purchase contracts	47,429	25,221
Other interest payable and similar charges	32,740	14,828
	-------	-------
	80,169	40,049
	-------	-------

11. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	34,086	405,938
Adjustments in respect of prior periods	401	–
	-------	---------
Total current tax	34,487	405,938
	-------	---------

Deferred tax:

Origination and reversal of timing differences	65,809	121,373
	---------	---------
Tax on profit	100,296	527,311
	---------	---------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is higher than (2024: higher than) the standard rate of corporation tax in the UK of 25 % (2024: 25 %).

	2025	2024
	£	£
Profit on ordinary activities before taxation	137,253	1,879,899
	---------	-----------
Profit on ordinary activities by rate of tax	32,433	469,549
Effect of expenses not deductible for tax purposes	67,461	57,316
Effect of capital allowances and depreciation	402	446
	---------	-----------
Tax on profit	100,296	527,311
	---------	-----------

12. Dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year )	70,000	310,000
	-------	---------

13. Intangible assets

	Other intangible assets
	£
Cost
At 1 April 2024 and 31 March 2025	16,122
	-------
Amortisation
At 1 April 2024	5,441
Charge for the year	1,612
	-------
At 31 March 2025	7,053
	-------
Carrying amount
At 31 March 2025	9,069
	-------
At 31 March 2024	10,681
	-------

14. Tangible assets

	At 1 April 2024	Additions	Disposals	At 31 March 2025
	£	£	£	£
Cost
Leasehold improvements	390,620	–	–	390,620
Plant and machinery	1,235,274	200,135	–	1,435,409
Fixtures and fittings	26,706	29,045	( 1,252)	54,499
Motor vehicles	863,925	582,627	( 217,171)	1,229,381
Office equipment	87,566	41,376	–	128,942
	-----------	---------	---------	-----------
	2,604,091	853,183	( 218,423)	3,238,851
	-----------	---------	---------	-----------

	At 1 April 2024	Charge for the year	Disposals	At 31 March 2025
	£	£	£	£
Depreciation
Leasehold improvements	38,481	7,812	–	46,293
Plant and machinery	568,031	122,376	–	690,407
Fixtures and fittings	9,604	3,463	( 23)	13,044
Motor vehicles	305,871	177,548	( 83,674)	399,745
Office equipment	76,433	12,887	–	89,320
	-----------	---------	---------	-----------
	998,420	324,086	( 83,697)	1,238,809
	-----------	---------	---------	-----------

	At 31 March 2025	At 31 March 2024
	£	£
Carrying amount
Leasehold improvements	344,327	352,139
Plant and machinery	745,002	667,243
Fixtures and fittings	41,455	17,102
Motor vehicles	829,636	558,054
Office equipment	39,622	11,133
	-----------	-----------
	2,000,042	1,605,671
	-----------	-----------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Plant and machinery	Motor vehicles	Total
	£	£	£
At 31 March 2025	287,362	579,063	866,425
	---------	---------	---------
At 31 March 2024	224,426	216,418	440,844
	---------	---------	---------

15. Stocks

	2025	2024
	£	£
Raw materials and consumables	105,092	99,127
Work in progress	153,993	764,356
	---------	---------
	259,085	863,483
	---------	---------

16. Debtors

	2025	2024
	£	£
Trade debtors	3,540,198	1,894,655
Prepayments and accrued income	342,530	277,344
Directors loan account	327,860	219,450
Other debtors	358,839	118,416
	-----------	-----------
	4,569,427	2,509,865
	-----------	-----------

17. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	70,519	64,535
Trade creditors	2,965,364	1,527,062
Accruals and deferred income	194,397	156,485
Corporation tax	–	405,821
Social security and other taxes	190,057	207,200
Obligations under finance leases and hire purchase contracts	188,003	74,944
Other creditors	81,408	191,049
	-----------	-----------
	3,689,748	2,627,096
	-----------	-----------

In respect of the bank borrowings due within one year of £70,519 (2024: £64,535), this relates to the Coronavirus Business Interruption Loan scheme and is unsecured. At the balance sheet date the annual fixed rate of interest applied was 8.9%, with the UK Government funding the interest cost for the first 12 months. Included within creditors falling due within one year, is an amount of £188,003 (2024: £74,944) in relation to hire purchase contracts, which are secured on the assets which they relate to.

18. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	6,163	76,682
Obligations under finance leases and hire purchase contracts	515,366	301,966
	---------	---------
	521,529	378,648
	---------	---------

In respect of the bank borrowings due after one year of £6,163 (2024: £76,682), this relates to the Coronavirus Business Interruption Loan scheme and is unsecured. At the balance sheet date the annual fixed rate of interest applied was 8.9%, with the UK Government funding the interest cost for the first 12 months. Included within creditors falling due after one year, is an amount of £515,366 (2024: £301,966) in relation to hire purchase contracts, which are secured on the assets which they relate to.

19. Finance leases and hire purchase contracts

The total future minimum lease payments under finance leases and hire purchase contracts are as follows:

	2025	2024
	£	£
Not later than 1 year	188,003	74,944
Later than 1 year and not later than 5 years	515,366	301,966
	---------	---------
	703,369	376,910
	---------	---------

20. Provisions

	Deferred tax (note 21)
	£
At 1 April 2024	279,673
Additions	65,809
	---------
At 31 March 2025	345,482
	---------

21. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 20)	345,482	279,673
	---------	---------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	345,482	279,673
	---------	---------

22. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 141,662 (2024: £ 155,779 ).

23. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
A Ordinary shares shares of £ 1 each	1,000	1,000	1,000	1,000
B Ordinary shares shares of £ 1 each	1	1	1	1
	------	------	------	------
	1,001	1,001	1,001	1,001
	------	------	------	------

A Ordinary shares have full voting and capital distribution rights. B Ordinary shares have no voting or capital distribution rights.

24. Reserves

Profit and loss account - This reserve records retained earnings and accumulated losses.

25. Analysis of changes in net debt

	At 1 Apr 2024	Cash flows	At 31 Mar 2025
	£	£	£
Cash at bank and in hand	1,672,125	(609,624)	1,062,501
Debt due within one year	(139,479)	(119,043)	(258,522)
Debt due after one year	(378,648)	(142,881)	(521,529)
	-----------	---------	-----------
	1,153,998	( 871,548)	282,450
	-----------	---------	-----------

26. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	132,091	132,091
Later than 1 year and not later than 5 years	25,735	157,827
	---------	---------
	157,826	289,918
	---------	---------

M J Robinson Structures Limited

Notes to the Financial Statements (continued)

Year ended 31 March 2025

27. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr M. J. Robinson	109,725	54,205	163,930
Mrs A. L Robinson	109,725	54,205	163,930
	---------	---------	---------
	219,450	108,410	327,860
	---------	---------	---------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr M. J. Robinson	38,039	71,686	109,725
Mrs A. L Robinson	38,039	71,686	109,725
	-------	---------	---------
	76,078	143,372	219,450
	-------	---------	---------

No interest has been charged by the company on the overdrawn loan account. During the year the company paid rent to the pension fund of Mr M. J. Robinson in the sum of £104,167 (2024: £115,833) up to 31 March 2025, of which £14,943 (2024: £20,772) is included within prepayments at the statement of financial position date.

28. Controlling party

The entire share capital of the company is owned by ENSCO 1357 Limited . Both companies share the same registered address and ENSCO 1357 Limited will be preparing consolidated group accounts.